Thursday, December 24, 2015

Alagappa University PRINCIPLES OF ECONOMICS B.A History 2009 Question Paper

Looking for BA Alagappa University Old Question Papers ? You can here download 2009 question paper of B.A History PRINCIPLES OF ECONOMICS.

ALAGAPPA UNIVERSITY
DISTANCE EDUCATION
B.A. (History) DEGREE EXAMINATION, MAY 2009.
PRINCIPLES OF ECONOMICS
Time : Three hours
Maximum: 100 marks
PART A — (5 x 8 = 40 marks)
Answer any FIVE questions.
1. Explain the nature of economic laws.
2. Distinguish deductive from inductive method.
3. Why does the demand curve slope downwards?
4. Discuss the doctrine of consumer surplus.
5. Describe the functions of an Entrepreneur.
6. What are external economies? What are its significance?
7. Explain the law of supply.
8. Explain Ricardian theory of rent.
PART B — (4 x 15 = 60 marks)
Answer any FOUR questions.
9. Explain Robbin’s Definition of Economics.
10. Define elasticity of demand. What are the different methods of measuring it?
11. Explain the equilibrium of the consumer with the help of indifference curve analysis.
12. Explain the Malthusian theory of population.
13. Explain how price is determined under discriminating monopoly.
14. Critically examine the marginal productivity theory of distribution.
15. Discuss the role of trade unions in the determination of wages
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